EUR/USD: Connecting the Dots for a Potential Short Setup from Resistance

Guten Tag, KoraFX community! Leon Schmidt here, taking a deep dive into the current state of EUR/USD. While the pair has been largely tracking sideways, trading currently at 1.08289 and seeing a slight dip of -0.19% over the past 24 hours, I believe a compelling picture is forming for a short position trade. My analysis, as always, is multi-layered, considering both the macro landscape and the price action on the charts.

The Fundamental Headwinds for the Euro

When you connect all the dots, the fundamental divergence between the Eurozone and the United States continues to paint a challenging picture